Custom ID: This is a user defined field. It can be used to enter a number/description internal to your organization or identifying information such as a serial number . The Custom ID will be saved with the item and will be retrieved from the property appraiser system when filing next years return.

Year Acquired*: The 4-digit year that the lease began.

Original Price*: The original purchase price of the asset.

Rent Amount: Rent amount is the monthly rent paid for the leased item.

Rent Term (months): Rent term is the length of the lease, expressed as the number of months.

Market Value: Market Value is the property owner's estimate of the fair market value of the asset in its current condition.

Condition: Condition is the property owner's opinion of the condition of the asset. Choose "Good", "Average", or "Poor" from the drop down menu.

Adjusted Price: Adjusted Price is not required. Use this field only if there is a reason that the price of this asset has changed in a way that would not be reflected by the normal trends and depreciation that would typically be associated with the item. For example, if a portion of the asset had been sold and the remainder had been retained.

Adjusted Explanation: Adjustment Explanation is only required if you entered data under "Adjusted Price". Please provide a brief explanation of why the Adjusted Price should be considered in lieu of the original price. For example, if a portion of the asset had been sold and the remainder had been retained.

Lessee Name*: The Lessee is the name of the person or company renting the equipment.

Lessee Address*: Lessee Address is the physical location of the equipment.

Once the item has been edited and saved, the text will be bold and the color of the row will change to yellow. This is to show it has been edited.